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Business, 18.02.2020 22:22 WhitneyNH4261

Manero Company included the following information in its annual report: 2019 2018 2017Sales $ 178,400 $ 162,500 $ 155,500 Cost of goods sold 115,000 102,500 100,000 Operating expenses 50,000 50,000 45,000 Operating income 13,400 10,000 10,500 In a trend income statement for 2017, where 2017 is the base year, sales are expressed as:.a) 84.4%b) 150.5%c) 92.6%d) 100.0%

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Manero Company included the following information in its annual report: 2019 2018 2017Sales $ 178,40...
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